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Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail

Fri, 2017-01-13 11:00
Press Release
Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail Brazilian Consumer Electronics Retailer Streamlines Operations with Oracle Retail Merchandising and Fiscal Management Solutions

Redwood Shores, Calif.—Jan 13, 2017

Today Oracle announced that Ricardo Eletro, the third largest retailer of consumer electronics in Brazil, has deployed Oracle Retail Merchandise Operations Management and Oracle Retail Fiscal Management to enable converged commerce, empower associates and increase operational efficiency. Ricardo Eletro faced the challenge of integrating more than 900 stores and 12 distribution centers in the midst of company transformation. 

The partnership between Oracle Retail and Ricardo Electro began eight years ago. In January 2016, following several mergers and the costly support of disparate systems and varying IT infrastructure maturity levels, the decision was to unify Ricardo Eletro under one brand, and a unified Oracle IT infrastructure. This collaboration empowered the Ricardo Eletro commercial department to optimize the market structure to facilitate open to buy, centralize management, and streamline pricing, while enabling adherance to federal regulations. 

"We needed to establish a foundation for the new organization. We evaluated the systems and existing investment of all our companies. Oracle emerged as the clear choice to establish a foundation for growth for Ricardo Eletro," said Edson Tavares, CIO of Ricardo Eletro.

“The ‘Unification’ project transformed the company with a simplified infrastructure, a unified workforce and a better appreciation of customers while reducing operation costs by 40M Brazilian Reais per month,” Said Vinicius Hamzi, Planning and Management Vice president of Ricardo Eletro. “Our team empowered the holding and operations teams with a culture of transparency and efficiency. We launched a Zero-Based Budget (ZBB) and we adopted the best practices and retail rich functionality of Oracle Retail and Oracle E-Business Suite.”

Ricardo Eletro selected Oracle Retail implementation partner BRX Retail to support this project. BRX Retail provided local resources with product experience, local understanding of Brazilian tax regulation and the implementation knowledge to deliver and respond quickly.

“With the implementation of Oracle, Ricardo Eletro has proven that there is power in simplicity. Ricardo Electro can now anticipate the needs of the stores and the online channels to better serve the consumers with a simplified an inspiring experience,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “Oracle has dedicated resources to localize the requirements for the Brazil market. Oracle Retail is thrilled to partner with Ricardo Eletro to extend its foundation for growth.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415.595.1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415.595.1584

Hamleys Deploys Oracle Retail Xstore Point-of-Service in 8 Months

Thu, 2017-01-12 07:00
Press Release
Hamleys Deploys Oracle Retail Xstore Point-of-Service in 8 Months International Specialty Retailer Empowers Store Associates with In-Store Innovation

Redwood Shores, Calif.—Jan 12, 2017

Today Oracle announced leading International Toy Retailer Hamleys has deployed Oracle Retail Xstore Point-of-Service across its UK, Republic of Ireland and Finnish store estate. Hamleys is a respected international brand operating in 23 markets across EMEA, Asia and the Americas. Hamleys differentiates itself through its in-store experience for children and families with a product assortment that includes key brands as well as quality private/own brand products.

Hamleys partnered with MICROS prior to the acquisition by Oracle. Hamleys is one of the first customers to successfully and quickly transition from an older version of MICROS RJ to Oracle Retail Xstore Point-of-Service, a more global and strategic solution that supports the organization’s global needs.

“Oracle were identified as an opportunity for Hamleys to introduce a new epos solution which gives us many enhancements to improve customer offering whilst also offering improved trading terms as well as being compliant to the current version of PCI,” said David Oakley, Head of Information Technology, Hamleys. “Oracle delivered on time to support our critical Christmas trading season.”

Hamleys deployed the new Point-of-Service solution in less than 8 months on-time and within budget with Oracle Retail Consulting. The first store was live in six months followed by a rollout across the UK and Ireland. By late October, Hamleys was able to upgrade the 50 tills at the Regent Street London England flagship store location.

 “Oracle is dedicated to providing customers with a path to the latest and most appropriate version of mission-critical solutions like Point-of-Service. Our converged commerce solutions unify experiences, deliver common execution across touch points and provide consistent views of customer, order and inventory,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are empowering store associates to work the way they live, and use mobile devices to better participate in empowered commerce-retailing.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415.595.1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415.595.1584

Oracle Cloud Applications Drive Carbon’s Quest to Lead in 3D Printing and Additive Manufacturing

Thu, 2017-01-12 07:00
Press Release
Oracle Cloud Applications Drive Carbon’s Quest to Lead in 3D Printing and Additive Manufacturing Carbon to streamline business processes across organizational development, manufacturing, finance, and services

Redwood Shores, Calif.—Jan 12, 2017

Carbon (Carbon, Inc.), whose CLIP (Continuous Liquid Interface Production) technology allows commercial customers to 3D print manufacturing grade components, has selected Oracle Cloud Applications to modernize its systems, transform business processes, and help ensure a secure, scalable, and connected cloud suite for the next phase of the company’s growth. Oracle’s Cloud Applications will enable Carbon to maintain a competitive edge in the dynamic additive manufacturing market by helping to increase business agility, lower costs, and reduce IT complexity.

Working at the intersection of hardware, software, and molecular science to deliver on the promise of 3D printing, Carbon sought a cloud solution that could be configured to its business needs and could keep pace with its anticipated rapid growth both domestically and globally. Carbon selected Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Human Capital Management (HCM) Cloud, Oracle Supply Chain Management (SCM) Cloud, and Oracle Service Cloud over SAP because of the strength of Oracle’s integrated breadth and depth of offerings, embedded analytics, and the modern, easy-to-use interface of its applications.

“As we evaluated our business needs, we knew we needed a future-proof cloud-based solution that could scale as we grow. Not only did we need a sales-ready product, but we also needed a sales-ready business organization,” said Chris Hutton, director of business operations at Carbon. “Oracle’s Cloud Applications help ensure our business processes are seamless so we can focus on delivering the best experience to every customer.”

Carbon’s deployment of Oracle’s comprehensive and modern suite of Cloud Applications will streamline business processes, and optimize collaboration and efficiencies in the following ways:

  • Oracle HCM Cloud will allow Carbon to leverage talent and workforce management offerings to provide an engaging and collaborative HR experience, and enhance how they find and retain quality employees
  • Oracle SCM Cloud will help transform supply chain operations to optimize cost, service levels, and the supply chain network
    • Oracle Manufacturing Cloud will streamline manufacturing processes through visualizations and real-time views into shop floor operations and work orders, while controlling costs
  • Oracle ERP Cloud will allow finance to spend more time on higher-value activities, such as analyzing results and advising the business on strategy
  • Oracle Service Cloud will help differentiate Carbon’s brand with intuitive, engaging experiences through the cloud for customers and employees alike

“Carbon has a vision to enable every member of their company to have a comprehensive 360-degree view of each customer. We are pleased to work with them to ensure our Cloud Applications deliver this visibility to support their ongoing success,” said Gretchen Alarcon, group vice president of product strategy at Oracle. “Oracle’s enterprise-grade Cloud Applications work together seamlessly to empower everyone from a relationship manager to Carbon’s CEO to see how all parts of the business are performing.”

Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

For additional information, visit Carbon, Oracle Cloud, and connect with Oracle Cloud on Facebook and Twitter.

Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Carbon

Carbon is working at the intersection of hardware, software and molecular science to deliver on the promise of 3D printing, enabling creators to think beyond the limitations of convention to design the parts and products that will drive the businesses of the future. Carbon’s Continuous Liquid Interface Production technology (CLIP) was introduced simultaneously at TED 2015 and to the scientific community on the cover of Science Magazine (Science, March 2015). In April 2016, Carbon introduced the M1, its first commercial CLIP-based additive manufacturing machine, created as a comprehensive solution for the next era of design and manufacturing. To date Carbon has received $141 Million in funding. For more information please visit Carbon3D.com or follow Carbon on Twitter @Carbon.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Mexican Retailer Almacenes García Deploys Best in Class Oracle Retail Planning Solutions

Wed, 2017-01-11 07:00
Press Release
Mexican Retailer Almacenes García Deploys Best in Class Oracle Retail Planning Solutions Fast Fashion Retailer Increases Inventory Turnover and Localizes Assortment

Redwood Shores, Calif.—Jan 11, 2017

Today, Oracle announced that fashion retailer Almacenes García has deployed Oracle Retail Planning and Optimization solutions to support growth and transformation. Almacenes García is a 70-year-old retailer that has shifted from a traditional apparel retailer to a fast fashion retailer. Today Garcia serves insatiable fashion-oriented millennial shoppers.

The demands of fast fashion retailing required Almacenes García to consider finding a solution provider who can help facilitate new production introduction, assortment planning and lifecycle pricing. The fashion retailer selected Oracle Retail to replace an outdated planning solution, to reduce the total cost of ownership through automation, adopt best practices and create a unified technology infrastructure.

“Garcia drives loyalty and gains market share through a single price strategy, the right mix of private label brands, fast inventory turnover and a compelling assortment specific to store type. With the Oracle Retail implementation, we transformed disparate and disconnected functions into a centralized and streamlined process with a collaborative and holistic planning approach,” said Andrei Savtchenko, Director IT, Almacenes García.

Almacenes Garcia selected Retail Consult to deploy Oracle Merchandise Financial Planning, Oracle Retail Assortment Planning, Oracle Retail Clearance Optimization and Oracle Retail Item Planning to support over 150 store locations across Mexico in just under 16 months.

“The Oracle Retail solutions include a rich tapestry of retail best practices, process workflows and architecture recommendations called the Retail Reference Library. This library gives you the confidence to deploy a vanilla implementation, and rapidly realize benefits.” said Andrei Savtchenko, Director IT, Almacenes García.

“At Oracle Retail, we are honored to serve over 5,000 retailers around the world. The power of this community is reflected in the development of our solutions,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “As an early adopter of Oracle Retail Assortment Planning and Clearance Optimization, Almacenes García’s experience will help to enhance future releases and improve the solutions for future customers.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Sur La Table Selects Oracle Commerce to Complement Oracle Retail Xstore Point-of-Service

Tue, 2017-01-10 07:00
Press Release
Sur La Table Selects Oracle Commerce to Complement Oracle Retail Xstore Point-of-Service Specialty Midmarket Retailer Connects Stores, Online, and Distribution Center Operations

Redwood Shores, Calif.—Jan 10, 2017

Today Oracle announced that Sur La Table has deployed Oracle Retail Xstore Point-of Service and has selected Oracle Commerce to deliver a converged commerce experience across all channels. Catering to the growing number of consumers visiting its commerce site and more than 130 stores nationwide, Sur La Table is creating a cohesive shopping experience, personalizing offers and streamlining order fulfillment. A popular destination for exclusive and premium-quality goods for the kitchen and table, Sur La Table is a place where cooks find a surprising selection of culinary tools and foods from around the world, with helpful, knowledgeable employees.

“We are empowering our associates in the stores to improve the customer experience with the Oracle Retail Xstore Point-of-Service solution. We selected Oracle Commerce to deliver a consistent brand experience across channels,” said Tracy Cioffi, Senior Vice President of Marketing, Sur La Table.  

Sur La Table continues to transform its IT infrastructure by using Oracle to compliment or replace customized legacy applications that hindered growth and were costly to maintain. Before transitioning to Oracle, Sur La Table evaluated the savings against ongoing cost of maintaining its legacy systems.

“Oracle is providing the retail industry’s leading, most comprehensive enterprise solutions to retailers of all sizes,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are pleased to partner with Sur La Table will continue to deliver innovation backed by world class technology.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity

Mon, 2017-01-09 07:00
Press Release
Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity Platform Upgrades Bring Extensive New Services to the Cloud and Mobile POS

Redwood Shores, Calif.—Jan 9, 2017

Oracle announced today the availability of Oracle Retail Release 16, which empowers retailers to deliver unified consumer experiences across ecommerce and brick and mortar locations. The new release reflects insights of our global customer community regarding shared business challenges and more than 100,000 development days invested via Oracle’s renowned research and development team, culminating in the retail industry’s most advanced and mobile-enabled cloud services and on-premise solutions.

“As retailers invest in new markets and offerings for 2017, having the right infrastructure, optimization science and mobile solutions will become a critical competitive advantage,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “Oracle’s Cloud First strategy enables us to deliver a steady cadence of innovation to our global retail customers, and we are taking the industry’s leading retail science and best practices to a new level with Oracle Retail Release 16.”

Expanding Cloud Services for Retailers

Oracle Retail recognizes the industry is in a period of migration to cloud technologies and has put in place a strategy that will support cloud and on-premise solutions, empowering customers to migrate to the cloud at a pace that meets their strategic needs.

“Access to retail-specific cloud services is a critical differentiator for brands to streamline operations, expand offerings and scale at a fast pace,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “With Oracle Retail Release 16, brands of all sizes can access best-in-class industry solutions through our world-class cloud services.”

  • On-Premise to Cloud: Oracle extends its industry-leading Oracle Retail Planning and Optimization technology to the cloud and enables retailers to reduce implementation costs with the Oracle Retail Planning Enterprise Cloud Service platform.  The shift to next generation cloud-based planning capabilities allows retailers to plan by exception and scale when needed by paying for capacity used.
  • The Power of the Cloud: Oracle now offers over 33 Oracle Retail cloud services including its industry leading merchandising solution with documented best practices and automation of key process at a lower cost.

Making Critical Merchandising Operations Mobile

“We optimized Oracle Retail Suite 16 for a mobile environment recognizing that old and new generations want to use consistent technology at home and at work,” said Jeff Warren, vice president product strategy at Oracle Retail. “Our platform is engineered to accelerate critical decision making through a powerful interface for managers and analysts that is built upon machine learning and data analytics.”

  • Reduce Labor Cost: Oracle Retail Release 16 accelerates user productivity by leveraging persona-based dashboards at the core of the solution and highlighting opportunities that will impact service levels, inventory margins and key business metrics. These new persona-based dashboards empower users to be more efficient by surfacing key actions and metrics that are relevant to the user, driving increased productivity and ultimately empowering them.
  • Modern Exception Based Retailing: The new modern, user experience and mobile applications across Oracle Retail Merchandising Release 16 place business intelligence and analytics at the front of every process to enable collaboration & empower associates with context to make better & faster decisions.  With this release, Oracle Retail Merchandising is expanded to support Android and Apple devices which increase managerial productivity through exception-based reporting and transaction approvals. These additions extend existing buying, allocating, inventory management, sales auditing and invoice-matching capabilities to mobile devices.

Giving Store Associates a Fully Informed Mobile Solution

Oracle Retail is also bridging the productivity gaps between online and traditional point of sale functionality, through mobile experiences that inspire store associates to engage consumers away from the register.

  • Converged Commerce: Also now available, the Oracle Retail Extension Module for Oracle Commerce allows retailers to deliver a common brand experience across all touch points by using Oracle Cloud Services to manage orders, optimize fulfillment decisions, and give everyone the same single view of customers across your enterprise. Oracle’s Xstore POS also enables retailers to help customers pick up, complete, or change purchases from any location by integrating with Oracle Retail Customer Engagement Software, Oracle Retail Order Broker and Oracle Retail Order Management System.
  • Better Together: The mobile Oracle Retail Xstore Point of Service is also optimized to provide traditional web functionality like in-depth product details, ratings and reviews, and task management so associates are able to engage consumers away from the register with deep insights operating on the Oracle MICROS Family Workstation.
  • Mobility Everywhere: With this release, Oracle Retail Xstore now offers four different ways for store employees to engage – using a traditional fixed device, dockable tablets, tablets, and mobile.  All use the same POS platform and provide full check out, CRM visibility, cross- and up-sell functionality, fulfillment, search, price check and loyalty program integration from any device.

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Red Wing Shoe Company Deploys Oracle to Fuel Growth Among Diverse Consumer and Industrial Markets

Fri, 2017-01-06 10:00
Press Release
Red Wing Shoe Company Deploys Oracle to Fuel Growth Among Diverse Consumer and Industrial Markets Growing Retailer Delivers Leading Work Boots and Popular Styles via 170+ Mobile Truck-Based Stores and 450+ Traditional Stores

Redwood Shores, Calif.—Jan 6, 2017

Today Oracle announced that Red Wing Shoe Company, a made in America brand selling to customers worldwide, has implemented Oracle Retail Xstore Point-of-Service to support its rapid growth among new and traditional customer markets.  Red Wing Shoes, which continues to launch new product lines and expand to new markets worldwide, plans to increase its store count over a five-year period by 25% - 30%.

Red Wing Shoes’ styles appeal to diverse consumer groups – from construction workers to hipsters – and getting the experience right for each buyer persona requires thoughtful execution of brand interactions.  The Oracle Retail solution enables Red Wing Shoes’ to empower store associates and elevate customer service by allowing store associates to work via mobile, tablet and stationary workstation devices.

“Oracle ensures our customer experience and retail operations are world class, and scales with us as fast as we are growing,” said Marc Kermisch, VP and CIO at Red Wing Shoes.  “The Oracle Retail Xstore solution delivers rich functionality that reflects Oracle’s deep retail focus; it works across mobile platforms in a manner that is intuitive to our employees.”

Among commercial customers, Red Wing Shoes has long been ahead of its peers in extending access and customer service beyond traditional brick-and-mortar stores.  The company’s fleet of 170+ trucks provides easier access to the right footwear by bringing fully stocked stores to work sites, where employees get help with sizing and order items for delivery at home or work.  Today, the Red Wing Shoe Company trucks are equipped with Oracle Retail Xstore to ensure accurate inventory planning and to provide immediate access to sizes and models and order fulfillment when customers at commercial sites need items shipped.

Red Wing Shoes chose Oracle Retail Xstore to replace a home-grown, highly customized point-of-sale solution that simply could not scale to meet evolving business requirements. Red Wing Shoes selected BTM Global to implement the Oracle solution.

“Oracle empowers retailers to deliver a flexible, rich customer experience and to optimize retail operations serving markets from multiple store formats including mobile stores,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are honored to be part of the success story at Red Wing Shoe Company, and we look forward to the company’s growth as they bring their unique brand to more consumers worldwide.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Wake Forest Baptist Medical Center Boosts Business Agility with Unified Suite of ERP and HCM Cloud Services from Oracle

Tue, 2016-12-20 07:00
Press Release
Wake Forest Baptist Medical Center Boosts Business Agility with Unified Suite of ERP and HCM Cloud Services from Oracle

Redwood Shores, Calif.—Dec 20, 2016

Wake Forest Baptist Medical Center, a medical center dedicated to improving health through collaborative innovation in Winston-Salem, North Carolina, has selected Oracle Cloud Applications to optimize the performance of its finance and HR organizations. The move to Oracle Cloud is part of Wake Forest Baptist Medical Center’s larger strategy to transform business practices via modern cloud applications.

With 14,000 employees and annual revenue of approximately $2.4 billion, Wake Forest Baptist Medical Center needed to move its finance and HR systems to the cloud to keep pace in a dynamic healthcare environment. The medical center selected Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Human Management Capital (HCM) Cloud because of Oracle’s expertise in technology and commitment to help organizations implement and fully realize business benefits from the cloud.

“Oracle’s expertise in the cloud was critical for us as we sought to modernize our financial and HR systems and underlying workflow processes. Equipping our workforce with the best technology will enable us to focus more time on serving our patients and communities,” said Chad A. Eckes, executive vice president of corporate services and CFO of Wake Forest Baptist Medical Center. “We believe our investment in Oracle Cloud is the right strategic decision long term, as the architecture of the solution is designed to provide us with the most innovative technology and best practice business processes.”

Wake Forest Baptist Medical Center is among a growing number of customers who have chosen to modernize their back office operations with Oracle ERP and HCM Cloud together. Oracle Cloud’s single data model, common user interface, seamless workflow across business processes, and single access point strengthens security and compliance efforts, while enabling robust reporting and analysis on payroll, employee trends and talent requirements. Wake Forest Baptist Medical Center plans to take advantage of these benefits to further protect patient and employee privacy, while increasing business agility through tighter alignment of talent requirements and investments with strategic growth plans.

By replacing Wake Forest Baptist Medical Center’s PeopleSoft implementation with Oracle HCM Cloud, the HR department gains a highly-available, highly-efficient HR system management solution. The single, unified platform enhances user experience via a simple, scalable, and intuitive design with mobile and self-service capabilities designed to enable HR employees to spend less time on manual processes and more time on quality patient care and sourcing and retaining top talent.

Oracle ERP Cloud gives Wake Forest Baptist Medical Center immediate access to a complete, modern, and proven financial platform delivered seamlessly and securely through the Oracle Cloud. Oracle ERP Cloud's modern user interface, delivering embedded analytics, contextual social collaboration, and a device-independent mobile experience makes the sophisticated solution familiar and easy to use.

“Oracle’s Cloud applications provide a complete, innovative, and secure set of enterprise-grade offerings, with unmatched breadth and depth of functionality designed to support any size of company in any industry worldwide,” said Rondy Ng, Oracle’s senior vice president of applications development. “In healthcare, our integrated ERP and HCM Cloud solutions are able to meet the complex needs of both healthcare payer and provider organizations and their patients – whether it’s helping to reduce costs through more efficient financial processes or to engage employees with the right social and mobile tools to increase workforce productivity.”

With the Oracle Cloud, Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

For additional information, connect with Oracle Cloud on Facebook and Twitter. To learn more about Oracle ERP Cloud, follow us on Twitter, and join the Facebook conversation at Oracle ERP Cloud.

To learn more about Oracle HCM Cloud, follow @OracleHCM on Twitter or Facebook, or read the Modern HR in the Cloud blog.

 
Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Q2 SAAS AND PAAS CLOUD REVENUES UP 81%, AND UP 89% IN NON-GAAP CONSTANT CURRENCY

Thu, 2016-12-15 13:59
Press Release
Q2 SAAS AND PAAS CLOUD REVENUES UP 81%, AND UP 89% IN NON-GAAP CONSTANT CURRENCY Total Quarterly Cloud Revenue $1.1 Billion—First Quarter Over One Billion Dollar Mark

Redwood Shores, Calif.—Dec 15, 2016

Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q2 results. Total Revenues were $9.0 billion, flat in U.S. dollars and up 1% in constant currency. Non-GAAP Total Revenues were $9.1 billion, up 1% in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $878 million, up 81% in U.S. dollars and up 83% in constant currency. Non-GAAP SaaS and PaaS revenues were $912 million, up 87% in U.S. dollars and up 89% in constant currency. Total Cloud Revenues, including infrastructure as a service (IaaS), were $1.1 billion, up 62% in U.S. dollars and up 64% in constant currency. Cloud plus On-Premise Software Revenues were $7.2 billion, up 2% in U.S. dollars and up 3% in constant currency.

Operating Income was $3.0 billion and Operating Margin was 34%. Non-GAAP Operating Income was $3.8 billion and non-GAAP Operating Margin was 42%. Net Income was $2.0 billion while non-GAAP Net Income was $2.6 billion. Earnings Per Share was $0.48, while non-GAAP Earnings Per Share was $0.61. Without the impact of the U.S. dollar strengthening compared to foreign currencies and an unforeseen Egyptian currency exchange loss, Oracle’s reported GAAP and non-GAAP Earnings Per Share would have been 2 cents higher.

Short-term deferred revenues were $7.4 billion, up 6% in U.S. dollars and up 8% in constant currency compared with a year ago. Operating cash flow on a trailing twelve-month basis was $14.2 billion, up 9% from the prior year.

“For four consecutive quarters our Cloud SaaS & PaaS revenue growth rate has increased,” said Oracle CEO, Safra Catz. “As we get bigger in the cloud, we grow faster in the cloud. Our non-GAAP constant currency SaaS and PaaS growth rate is now up to 89%. This growth rate acceleration has driven our quarterly cloud revenue over the $1 billion mark. When salesforce.com crossed the billion dollar milestone their SaaS and PaaS subscription growth rate had slowed down to 36%, even after you include all their acquisitions.”

“Oracle has now passed salesforce.com and become number one in SaaS cloud applications sales to customers with over 1,000 employees according to the latest IDC report,” said Oracle CEO, Mark Hurd. “In other words, this year we are selling more enterprise SaaS than any cloud services provider in the world. We expect to book over $2 billion in new annually recurring cloud business this year alone. And, with the acquisition of NetSuite, we plan on being the #1 cloud applications service provider for companies with less than 1,000 employees as well.”

“Our Database as a Service cloud revenue was $100 million for the quarter, driving growth in our overall database business,” said Larry Ellison, Oracle Chairman and CTO. “We expect our Database as a Service and IaaS businesses will grow even faster than our skyrocketing SaaS business. A lot of people were taken by surprise when IDC ranked Oracle #1 in Enterprise SaaS, surpassing salesforce.com and overcoming their fifteen year head-start. Stay tuned. More surprises coming. I think we’re going to do even better with IaaS and the Oracle database in the cloud.”

The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 5, 2017, with a payment date of January 26, 2017.

Q2 Fiscal 2017 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q2 results and Fiscal 2017 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 34339280.

Contact Info
Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com
Deborah Hellinger
Oracle Corporate Communciations
+1.212.508.7935
deborah.hellinger@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

"Safe Harbor" Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our expectations of future revenue growth and bookings in our cloud business overall, and specifically our IaaS and Database as a Service businesses, and our expectations regarding the positive effects of the acquisition of NetSuite on our business are all "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (3) If the security measures for our software, hardware, services or Oracle Cloud offerings are compromised or if such offerings contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and financial exposure. (4) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Economic, geopolitical and market conditions, including the continued slow economic recovery in the U.S. and other parts of the world, can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (7) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of December 15, 2016. Oracle undertakes no duty to update any statement in light of new information or future events. 

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Ken Bond

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Deborah Hellinger

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Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union

Thu, 2016-12-01 08:00
Press Release
Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union Part of Oracle’s Greater $3.3 Billion Annual Investment to Accelerate Digital Literacy Worldwide

Redwood Shores, Calif.—Dec 1, 2016

Today, the European Commission and DIGITALEUROPE launched the Digital Skills and Jobs Coalition, a multi-stakeholder partnership to bolster computer science (CS) and coding proficiency at all levels within Europe’s workforce pipeline. In conjunction, Oracle announced a three-year investment totaling $1.4 billion in direct and in-kind support of CS education throughout the European Union (EU) member states.

Nearly 1,000 EU educational institutions currently collaborate with Oracle Academy, Oracle’s flagship program in education philanthropy that brings computer science education to nearly 3.1 million students in 110 countries. As part of today’s pledge, Oracle Academy aims to train 1,000 additional EU educators in CS, Java and Database instruction, as well as reach students across an added 1,000 EU educational institutions over the next three years.

“Digitally skilled professionals are critical to Europe’s competitiveness and capacity for innovation,” said John Higgins, Director General, DIGITALEUROPE. “Over the last ten years, we’ve seen the demand for workers with computer science and coding skills grow by four percent each year. Oracle’s efforts to bring computer science into classrooms across the European Union will help strengthen our digital economy.”

“At Oracle, we are thrilled to inspire and engage students from all different parts of the world in computer science,” said Alison Derbenwick Miller, Oracle Academy Vice President. “Earlier this year, Oracle made significant commitments to the White House’s CS for All and Let Girls Learn initiatives. Today’s announcement continues our momentum to advance digital education and increase diversity in technology fields globally.”

Additionally, Oracle Academy will drive several programs during the next three years, including:

  • Invite National Coalitions in the EU member states to partner with Oracle Academy in delivering computer science education to teachers and students
  • Provide new higher education curriculum in emerging technologies
  • Level Oracle Academy’s entire curriculum to the European Qualifications Framework (EQF)

Today’s commitment is an extension of Oracle’s pledge in 2013, which trained and empowered 1,246 EU educators to teach computer science, as well as added 203 EU educational institutions to Oracle Academy.

 
Contact Info
Julie Sugishita
Oracle Corporate Communications
1.650.506.0076
julie.sugishita@oracle.com
About Oracle Academy

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computer science education globally to drive knowledge, innovation, skills development, and diversity in technology fields, offering a free and complete portfolio of software, curriculum, hosted technology, faculty trainings, support, and certification resources. Supporting more than 3.1 million students annually in 110 countries, the program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping to make them college and career ready in the era of big data, cloud computing, the Internet of Things, and beyond.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

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Julie Sugishita

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Oracle Buys Dyn

Mon, 2016-11-21 06:00
Press Release
Oracle Buys Dyn Extends the World’s Most Comprehensive Cloud Computing Platform with the Leading Cloud-based Internet Performance and Domain Name System (DNS) Solution

Redwood Shores, Calif.—Nov 21, 2016

Oracle today announced that it has signed an agreement to acquire Dyn, the leading cloud-based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.

Dyn’s solution is powered by a global network that drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers, including preeminent digital brands such as Netflix, Twitter, Pfizer and CNBC. Adding Dyn’s best-in-class DNS solution extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).

“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Thomas Kurian, President, Product Development, Oracle. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”

“Oracle cloud customers will have unique access to Internet performance information that will help them optimize infrastructure costs, maximize application and website-driven revenue, and manage risk,” said Kyle York, Chief Strategy Officer, Dyn. “We are excited to join Oracle and bring even more value to our customers as part of Oracle’s cloud computing platform.”

More information about this announcement is available at www.oracle.com/dyn.

Contact Info
Deborah Hellinger
Oracle Corporation
+1.212.508.7935
deborah.hellinger@oracle.com
Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Product Roadmap

Oracle is currently reviewing the existing Dyn product roadmap and will be providing guidance to customers in accordance with Oracle’s standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle’s review of Dyn’s product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by Dyn or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.

Cautionary Statement Regarding Forward-Looking Statements

This document contains certain forward-looking statements about Oracle and Dyn, including statements that involve risks and uncertainties concerning Oracle’s proposed acquisition of Dyn, anticipated customer benefits and general business outlook. When used in this document, the words "anticipates", "can", "will", "look forward to", "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or Dyn, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or Dyn may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or Dyn. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor Dyn is under any duty to update any of the information in this document.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

Ken Bond

  • +1.650.607.0349

Oracle Marketing Cloud Helps B2B Marketers Accelerate Lead Generation

Mon, 2016-11-14 12:29
Press Release
Oracle Marketing Cloud Helps B2B Marketers Accelerate Lead Generation New marketing automation and content marketing capabilities break down marketing silos and simplify cross-device content creation

Redwood Shores, Calif.—Nov 14, 2016

Oracle today announced enhancements to the marketing automation and content marketing capabilities within the Oracle Marketing Cloud that simplify digital marketing and empower marketers to deliver a truly personalized cross-channel customer experience. The latest additions to Oracle Eloqua and Oracle Content Marketing enable marketers to create and distribute content, and easily transform data in order to rapidly adapt to customer behavior and needs. This helps customers to increase sales and marketing collaboration, build stunning cross-device content and accelerate lead generation.

Ever increasing customer expectations are forcing B2B organizations to rethink established marketing processes in order to break down internal silos between marketing, sales and other customer facing departments and prevent a fragmented customer experience. To address this challenge, Oracle has introduced a new Content Portal, Program Canvas and Responsive Content Editor within the Oracle Marketing Cloud. These innovative new capabilities give marketers the power to align sales and marketing by making approved marketing content easy to find, track and share.

“The very nature of B2B marketing is changing and as a result marketers need to rethink content strategies and work closer than ever with sales to generate and convert leads,” said Stephen Streich, senior director of product management, Oracle Marketing Cloud. “With the latest additions to Oracle Eloqua and Oracle Content Marketing, Oracle is empowering marketers to quickly create and share compelling content across their organization and reduce the number of steps required to identify and pursue new leads. This will drive efficiency across the marketing and sales process and ultimately help marketers improve the customer experience and lead generation.”

The new enhancements to Oracle Eloqua and Oracle Content Marketing enable marketers to:

  • Find, track and share content across the organization: The new Content Portal allows cross-functional sales and marketing teams to find and utilize the right content at the right time using search criteria including Sales Stage, Buyer Persona, Content Type and custom fields. Individual users can subscribe to content that is relevant for them which then triggers automated notifications as soon as new content assets become available. Easily embedded into any third-party application or page, the new Content Portal also allows users to work in the tools they know enriched with capabilities they need to easily find, track and share marketing approved content.
  • Improve speed to lead and data normalization: The new Program Canvas empowers marketers to quickly set up data transformations and data normalization workflows. A new Listener Framework makes the data workflows dramatically faster and more responsive by listening to lead scoring models, forms and new contact creation events to give marketers the ability to be more responsive to critical prospect behaviors. In addition, next-generation application integration capabilities significantly reduce the number of workflow steps necessary to manage and maintain data, improving speed to lead while keeping databases maintained.
  • Streamline and simplify responsive content creation: Slated for planned release in early CY 2017, the new Responsive Content Editor helps marketers make content more meaningful and responsive by removing technical roadblocks.

The Oracle Marketing Cloud is part of the Oracle Customer Experience (CX) Cloud, one of the industry’s most complete CX solutions. Oracle CX Cloud empowers organizations to improve experiences, enhance loyalty, differentiate their brands, and drive measurable results by creating consistent, connected, and personalized brand experiences across all channels and devices.

Contact Info
Simon Jones
PR for Oracle
+1.415.856.5155
sjones@blancandotus.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Simon Jones

  • +1.415.856.5155

Small and Medium-Sized Businesses Scale with Oracle Cloud Platform

Mon, 2016-11-14 09:56
Press Release
Small and Medium-Sized Businesses Scale with Oracle Cloud Platform Oracle Enables Companies of All Sizes to Succeed with Easy-to-Deploy Cloud Solutions

Redwood Shores, Calif.—Nov 14, 2016

Oracle Corporation announced today that small and medium sized business (SMBs) turn to Oracle for strategic collaboration on their journey to the Cloud. SMBs are utilizing the benefits of enterprise-grade capabilities delivered by Oracle Cloud Platform for rapid application development, fast and predictable performance, reliable security, and elastic scalability to support their growth.

Oracle Cloud Platform offers an integrated offering across Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) to enable developers, IT and line of business leaders to leverage the Cloud. These offerings allow SMBs to develop, deploy and manage any application or workload. Oracle offers a strategic platform to help solve business challenges and ensure time-to-value with the cloud. This offering allows SMBs to utilize the same best-in-class features that enterprises leverage.

MCH Data Taps Oracle Database Cloud Service for Seamless Transition into the Cloud

MCH Strategic Data is a data services company headquartered in Sweet Springs, Missouri that specializes in collecting and compiling data from institutions in the education, healthcare, government and religious sectors. With its nimble 100-person staff, MCH relies on third-party vendors to manage many of its technology systems. When one of MCH Data’s vendors needed to be replaced, they standardized on Oracle as other vendors failed to meet their needs. Oracle Database Cloud Service provided an easy and fast transition to the Cloud as MCH Data was able to provision a complete Oracle Database Cloud Service environment in a few minutes and get started immediately without upfront costs.

“The power of data in the Cloud is in the ability to rapidly leverage it for business insights that drive our customers’ success,” said Brian Vogelsmeier, director of IT, MCH Strategic Data. “As collecting data is paramount to our business, we needed to pick a vendor that has best-in-class database Cloud technology that makes the back up to the database seamless, hence our choice to leverage Oracle’s services.”  

Pragmatyxs Standardized on Oracle Database Cloud Service, PaaS and IaaS for Efficiency, Security and 24/7 Availability

Pragmatyxs, a company that works with Fortune 500 clients to ensure smooth communications between their supply chain and finance systems, as well as the barcode and product labels mandated by regulatory bodies, also leverages Oracle. All of Pragmatyxs’ clients’ product labels must comply with industry and regulatory standards, across dozens of countries. Pragmatyxs had an Oracle Database on premises, in addition to using Java for product development.They chose to migrate both to the Cloud in order to reduce the amount of time that their spent on maintenance and support, without having the upfront hardware costs, without needing to know backup and recovery commands, and without having to perform complex tasks such as database software upgrades and patching.

“We launched our Cloud based label printing service for our partners and remote facilities which was a strategic initiative for our business. We have 15 employees, so we needed a solution that was the most efficient and secure with 24/7 availability” said Paul Van Hout, CEO and Founder, Pragmatyxs. “By using Oracle Database Cloud Service, PaaS and IaaS. Pragmatyxs utilizes Oracle’s Database Cloud Service, Java Cloud Service, Infrastructure as a Service, and Messaging and Cloud Service. We are maximizing the efficiency promised by the Cloud while giving our customers a better, more configurable product. With Oracle, we can stay ahead of the industry and compete like we never could before.”

IQMS ERP Selects Oracle Cloud Platform to Offer Customers Cloud Backup and Industry-Leading Security

After 27 years of offering manufacturing operations applications entirely under a licensed, on-premises model, IQMS ERP, a comprehensive manufacturing MES and ERP software system, now offers the choice to subscribe to the software as service running on Oracle Cloud Platform. This allows them to offer customers capabilities they didn’t have before, such as Oracle Business Intelligence Cloud Service alongside its IQMS application, providing the tools for companies to analyze and visualize the extensive Internet of Things (IoT) data that IQMS collects on factory-floor machine performance. Similarly, IQMS has started offering Oracle’s Cloud backup service, for both Cloud and on-premises versions of IQMS. Since IQMS applications run on the Oracle Database, the Cloud backup service drew immediate interest from customers.

“For its reliability, price point, and strong security, the real value of Oracle Cloud Platform is being able to offer customers more services along with added simplicity,” said Gary Nemmers, CEO and President, IQMS. “If any component fails, factories stop and that can’t happen. With Oracle Cloud Platform, our customers have benefits like more extensive data encryption than they run in house and some are have even freed up resources previously tied up with on-premises datacenter maintenance.”

“We are proud to be helping businesses of all sizes build, grow and compete in the Cloud,” said Ashish Mohindroo, Vice President, Oracle Cloud. “With a single, connected cloud, Oracle offers SMBs more than just subscription software. We are proud to be a strategic partner to help explain how all of the pieces of our cloud work together to help solve business challenges—by helping SMBs build innovative applications and solutions for sales, marketing, finance and reporting, to talent and recruitment drives.”

In addition to subscription pricing that’s SMB-friendly, Oracle has improved the buying experience to help enable customers be successful with their cloud purchases. Oracle created The Accelerated Buying Experience to make purchasing cloud services fast and simple. Rather than taking weeks to execute a transaction, customers can now complete their purchases in a matter of hours or a few days.

Key features include:

  • Data Management
    • MySQL Cloud Service
    • Oracle Database Cloud Service
    • Exadata Express Cloud Service
    • Big Data Cloud Service
  • Cloud Native Application Development
    • Application Builder Cloud Service
    • Application Container Cloud Service
    • Java Cloud Service
    • Mobile Cloud Service
  • Integration
    • Application Integration Cloud Service
    • SOA Cloud Service
  • Application and Cloud Management
    • Application Performance Monitoring Cloud Service
    • Log Analytics Cloud Service

To learn more about Oracle’s SMB offerings, please visit us at oracle.com/smb.

To learn more about what the Oracle Cloud Platform, please visit us at cloud.oracle.com.

Contact Info
Sarah Fraser
Oracle PR
+1 (650) 743.0660
sarah.fraser@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Sarah Fraser

  • +1 (650) 743.0660

Oracle Service Cloud Enables Brands to Transform the Customer Experience by Unlocking the Value of Internet of Things Data

Mon, 2016-11-14 07:00
Press Release
Oracle Service Cloud Enables Brands to Transform the Customer Experience by Unlocking the Value of Internet of Things Data New integration between Oracle Service Cloud and Oracle IoT Cloud helps brands deliver smart and proactive customer service experiences and accelerate IoT projects

Redwood Shores, Calif.—Nov 14, 2016

Oracle today announced an innovative new solution that enables brands to quickly and efficiently leverage insights from the Internet of Things (IoT) to power smart and connected customer service experiences. Powered by a packaged integration between Oracle Service Cloud and Oracle IoT Cloud, the new solution helps brands enhance the customer experience, increase operational efficiency and reduce costs by using IoT data to predict customer needs and proactively address customer service issues.

The explosive growth of the Internet of Things gives organizations the opportunity to deliver innovative new services faster and reduce risk by connecting, analyzing and integrating data-driven insights from connected “things” into business processes and applications. To help brands capitalize on this opportunity to drive next-generation customer service experiences, Oracle has introduced a new packaged integration between Oracle Service Cloud and Oracle IoT Cloud. The new IoT Accelerator is an open source integration that also includes implementation documentation to easily configure, extend and deploy.

“The Internet of Things is fundamentally changing the way consumers interact with brands and in the process, it is creating volumes of data that organizations can leverage to transform the customer experience,” said Meeten Bhavsar, senior vice president, Oracle Service Cloud. “By delivering a packaged integration between Oracle Service Cloud and Oracle IoT Cloud, we are able to accelerate the time to value, while lowering the complexity of IoT projects. For brands, this also means they can easily take advantage of IoT data and make it actionable across engagement channels to deliver exceptional customer service experiences.”

Oracle Service Cloud helps brands seamlessly integrate IoT device data into existing omni-channel operations. For example, Denon + Marantz, a leading provider of premium branded equipment, is leveraging customer insights from more than 200,000 connected devices globally to deliver personalized, positive and consistent customer experiences worldwide.

“Denon and Marantz products have always provided a high quality, immersive musical experience and with IoT data, we now have the opportunity to extend that first-class experience to our customer service team,” said Scott Strickland, CIO, Denon + Marantz. “Leveraging Oracle Service Cloud’s IoT integration capabilities, we have been able to improve our customers experience and increase our internal efficiency and knowledge base. In addition, we can leverage IoT information via the Oracle Marketing Cloud to target campaigns based on how a consumer actually uses the product and not how we think they use it.”

The Oracle Service Cloud is part of the Oracle Customer Experience (CX) Cloud Suite, one of the industry’s most complete CX solutions. Oracle CX Cloud Suite empowers organizations to improve experiences, enhance loyalty, differentiate their brands, and drive measurable results by creating consistent, connected, and personalized brand experiences across all channels and devices.

The Oracle IoT Cloud enables customers to connect to any device generating data, perform real-time and predictive analytics on device data and extend business processes within enterprise applications. With Oracle IoT Cloud, users can rapidly build IoT applications for preventive maintenance and asset tracking using pre-built integrations with Oracle Platform as a Service, Oracle cloud applications and third-party applications.

For more information, please read about thelatest November 2016 Oracle Service Cloud release including the Internet of Things (IoT) Accelerator or check out the Modern Service Experience blog.

Contact Info
Simon Jones
PR for Oracle
+1.415.856.5155
sjones@blancandotus.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Simon Jones

  • +1.415.856.5155

University System of New Hampshire, The College of New Jersey, and University of Wyoming Turn to Oracle Cloud to Drive Institutional Excellence

Mon, 2016-11-14 07:00
Press Release
University System of New Hampshire, The College of New Jersey, and University of Wyoming Turn to Oracle Cloud to Drive Institutional Excellence The industry’s most complete and modern Cloud solutions for finance help higher education institutions drive student success through improved financial operations

Redwood Shores, Calif.—Nov 14, 2016

Oracle today announced that The College of New Jersey (TCNJ) and University of Wyoming have selected Oracle Enterprise Resource Planning (ERP) Cloud and University System of New Hampshire has selected Oracle Enterprise Management (EPM) Cloud to advance educational opportunities by digitizing and modernizing their financial, planning, and budgeting systems. With predictive capabilities and the power to scale, Oracle Cloud solutions for finance will transform the way these institutions do business and support their future growth.  

“Moving to Oracle ERP Cloud will enable TCNJ to react to rapid changes in higher education by proactively looking at our critical financial information in real time,” said Dr. Sharon Blanton, vice president and chief information officer at TCNJ. “The breadth and depth of Oracle’s Cloud solutions for finance offers us a cost-effective way to modernize our finance systems faster so we can direct more resources toward the advancement of our students, faculty, and staff.”

Oracle Cloud solutions for finance empower higher education institutions with better insights into financial, procurement, and grant information that help faculty and staff concentrate more resources on driving institutional innovation and excellence. The solutions enable higher education institutions to drive predictable performance, budget more accurately, and report with confidence.

“Oracle is working with higher education institutions to deliver innovative cloud solutions that offer more complete and impactful reporting to streamline operations and drive new opportunities in education,” said Hari Sankar, GVP of product management at Oracle. “We are proud to support academic success with Oracle Cloud solutions for finance, which frees up staff and faculty to focus on higher-value tasks in support of their students.”

Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

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Joann Wardrip

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Shawnee State University Chooses Complete Oracle Cloud Suite to Improve Recruitment and Operations

Thu, 2016-11-10 07:00
Press Release
Shawnee State University Chooses Complete Oracle Cloud Suite to Improve Recruitment and Operations First state university in Ohio selects Oracle Cloud solutions to improve retention and streamline business practices

Redwood Shores, Calif.—Nov 10, 2016

Oracle announced today that Shawnee State University is implementing the full Oracle Cloud Suite including Oracle’s Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM) and Human Capital Management (HCM) Cloud), in addition to Student Cloud CX. The university also anticipates moving to the Student Management Cloud as part of the university’s efforts to prepare their students for future success using the latest technology. This adoption comes with a recent Ohio Governor mandate to lower the cost of education, which prompted the university to search for the best technology to modernize and optimize internal operations.

With a student and staff body of 3,800 students and 700 employees, Shawnee State seeks to be a leader in paving the way for universities of all sizes to transition to cloud services. Their previous IT department was too small to handle the level of needs for their constituents. However, through the implementation of Oracle’s Cloud solution, the university will be utilizing a single cloud solution that helps manage recruitment processes to seek out best-fit students; this also enables them to focus on serving their constituents in a timelier manner.

While previously using an on-premise service, ensuring that recruiters reached the right students, and that those prospects ultimately chose to attend the university, was a big problem that needed to be solved. Shawnee State was seeking a service that focused on the entire student lifecycle from student success to finances – all while providing a single cloud experience from a global perspective.

“We believe that implementing Oracle’s Cloud solutions will help us meet our priority of being a student-focused university, by leveraging the latest technology all under a single unified cloud experience,” said Elinda Boyles, vice president for finance and administration at Shawnee State University. “We are fortunate that Shawnee State University President, Rick Kurtz, has forward-thinking vision and commitment to the university’s long-term success. This effort will improve operational efficiencies and better align our IT resources,” she said.

Because Oracle seeks to ensure their customers have a seamless transition to the cloud, Shawnee State was able to easily integrate the modern technology with legacy systems. Shawnee State is live with Oracle’s Student Cloud CX, and are implementing the remainder of the suite now with an expected go live of June 30, 2017.

“Oracle’s commitment to Higher Education and proven expertise in the Cloud provide Shawnee State University with a modern, secure and scalable platform for growth,” said Rondy Ng, Oracle’s Senior Vice President, Applications Development. “Our next-generation cloud platform for Higher Education incorporates embedded analytics, an intuitive user experience, and built-in collaboration functionality to deliver comprehensive support for the business and student lifecycle with a focus on putting the student first.”

Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

Contact Info
Jennifer Yamamoto
Oracle
+1.916.761.9555
jennifer.yamamoto@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

About Shawnee State University

Shawnee State is a student-focused public university offering a highly personalized, affordable, and accessible education dedicated to the exploration of emerging technologies and emerging ideas. Founded in 1986, and located along the Ohio River in historic Portsmouth, Ohio, the university offers a range of signature programs, including Game Design, which has been nationally ranked for six years in a row.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

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Jennifer Yamamoto

  • +1.916.761.9555

Oracle Cloud Helps Organizations Discover Profit Winners

Wed, 2016-11-09 07:00
Press Release
Oracle Cloud Helps Organizations Discover Profit Winners Organizational managers and finance executives can easily identify hidden costs and profits with new profitability and cost management solution delivered in the cloud

Redwood Shores, Calif.—Nov 9, 2016

Oracle today announced a purpose-built solution for finance executives and organizational managers to understand specifically what drives profitability, continually assess how resources are being consumed, and take action. Although under constant pressure to improve performance, many organizations lack visibility into what drives cost and profit. Cost, revenue, and operational systems are often fragmented, unconnected, and dispersed, making it difficult to understand the true profitability and costs of the business.

Oracle Profitability and Cost Management Cloud (PCMCS) enables business users to understand the root causes behind costs and revenues. Users can quickly and easily determine the profitability of customers, products, geographies, and sales channels, and take action to improve profitability and lower costs.

“What you don’t know about where your business is making and losing money can really hurt you. In today’s high-paced and increasingly competitive global business climate, it’s essential that your organization focuses resources and cash on the right priorities,” said Hari Sankar, group vice president of enterprise performance management at Oracle. “PCMCS enables organizations to easily identify their profit winners and address inefficiencies, ultimately improving business agility and profitable revenue growth, while minimizing costs.”

Built for the Cloud, Oracle PCMCS delivers new capabilities and innovation in the Cloud, while also leveraging best practices from Oracle’s on-premises offering, Hyperion Profitability and Cost Management.  The solution allows organizations to keep their general ledgers “thin,” fast, and efficient by performing detailed calculations outside the general ledger. Business users can identify profit potential and areas of cost savings with simple one-click reports and dashboards, without reliance on IT. The Cloud solution delivers pre-built reports including profit curves, scatter plots, and traceability, and includes features for detailed financial modeling and ad hoc reporting. Oracle PCMCS handles large data sets, and easily integrates with multiple Enterprise Resource Planning (ERP) systems, as well as with Oracle Enterprise Performance Management (EPM) Cloud and on-premises offerings.

No matter the industry, Oracle PCMCS helps determine where best to spend limited investments and scarce resources to get the biggest impact:

  • Financial services: Banks can gain visibility into complex cost allocations and calculate costs down to product, consumer, and branch.
  • Healthcare: Organizations can provide accurate charge coding in patient profitability.
  • Higher education: Institutions can view the full cost of a course by calculating everything needed to deliver the course, including the cost of building the course.
  • Telecommunications: Companies can apply network costs directly to a product that consumes actions on that network, such as minutes or data.
  • Transportation: Organizations can calculate all costs of moving a plane from point to point, including capitalization on plane, crew, and station costs at each airport, which can be allocated based on factors like number of passengers carried or number of flights taken.
  • Utilities and public services: Users can allocate all shared costs, such as facilities and support staff, into services required while providing transparency for government oversight.

“Businesses today can struggle with knowing exactly where their profit comes from, as traditional financial statements don’t tell the full story, and general ledgers can be inefficient and cluttered,” said Mike Willhelm, managing director at Huron. “Oracle PCMCS enables businesses to easily get insights into profits and costs and act on them quickly. In addition, it integrates well with ERP business processes.”

“The Oracle Profitability and Cost Management Cloud Service strikes the perfect balance between configurability and ease-of-use, and is a welcome addition to Oracle’s market-leading family of cloud-based Enterprise Performance Management applications. It’s the ideal solution for a wide range of allocation based business processes, including management reporting, product and customer profitability, shared service costing and chargebacks, and operational transfer pricing,” said Mike Killeen, senior vice president at Edgewater Ranzal.

Oracle PCMCS is available now for existing and new customers. Businesses can choose flexible deployment options to best fit their needs. For additional information, visit Oracle Cloud and connect with Oracle EPM Cloud on Twitter.

Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Oracle Completes Tender Offer for Acquisition of NetSuite

Sat, 2016-11-05 00:00
Press Release
Oracle Completes Tender Offer for Acquisition of NetSuite Deal to Close Monday

Redwood Shores Calif—Nov 5, 2016

Oracle Corporation (NYSE: ORCL) announced that a majority of the unaffiliated shares of NetSuite Inc. (NYSE: N) were validly tendered and the other conditions to the tender offer have been satisfied.  The acquisition of NetSuite will be consummated by Oracle on Monday, November 7, 2016.  American Stock Transfer & Trust Company LLC, the depositary for the tender offer, has indicated that as of 12:00 Midnight, Eastern time, at the end of November 4, 2016, approximately 21,775,553 unaffiliated Shares, or 53.21% of the total unaffiliated Shares, and 62,330,605 total Shares, or 76.39% of the total Shares issued and outstanding, have been tendered into and not properly withdrawn from the tender offer. Both figures do not include 1,037,279 unaffiliated Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase.  When the 1,037,279 unaffiliated Shares tendered pursuant to the guaranteed delivery procedures are included in the results, approximately 22,812,832 unaffiliated Shares, or 55.76% of the total unaffiliated Shares, and 63,367,884 total Shares, or 77.65% of the total shares issued and outstanding, will have been tendered into and not properly withdrawn from the tender offer.  

Contact Info
Deborah Hellinger
Oracle
+1.212.508.7935
deborah.hellinger@oracle.com
Ken Bond
Oracle Investor Relations
+1.650.506.4073
ken.bond@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Additional Information

This communication does not constitute an offer to buy or solicitation of an offer to sell any securities. This communication is for informational purposes only. The tender offer is not being made to, nor will tenders be accepted from, or on behalf of, holders of shares in any jurisdiction in which the making of the tender offer or the acceptance thereof would not comply with the laws of that jurisdiction. The tender offer is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) filed by Napa Acquisition Corporation with the U.S. Securities and Exchange Commission ("SEC") on August 18, 2016, as amended from time to time. In addition, on August 18, 2016, NetSuite Inc. filed a Solicitation/Recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. Stockholders of NetSuite Inc. are urged to read these documents, all amendments thereto and other documents filed with the SEC carefully in their entirety because they contain important information about the tender offer. The tender offer statement and certain other offer documents, along with the Solicitation/Recommendation statement, will be made available to all stockholders of NetSuite Inc. at no expense to them. These documents are available at no charge through the web site maintained by the SEC at http://www.sec.gov. The Offer to Purchase, related Letter of Transmittal, the Solicitation/Recommendation statement and other offering documents may also be obtained for free by contacting the Information Agent for the tender offer, Innisfree, M&A Incorporated, toll-free at 888-750-5834.

Cautionary Statement Regarding Forward-Looking Statements

This document contains certain forward-looking statements about Oracle and NetSuite Inc., including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of NetSuite Inc., anticipated customer benefits and general business outlook. When used in this document, the words "anticipates", "can", "will", "look forward to", "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or NetSuite Inc., that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business, and the possibility that Oracle or NetSuite Inc. may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or NetSuite Inc. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor NetSuite Inc. is under any duty to update any of the information in this document.

In addition, please refer to the documents that Oracle and NetSuite Inc., respectively, file with the SEC on Forms 10-K, 10-Q and 8-K. These filings identify and address other important factors that could cause Oracle's and NetSuite Inc.'s respective operational and other results to differ materially from those contained in the forward-looking statements set forth in this document. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor NetSuite Inc. is under any duty to update any of the information in this document.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

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Deborah Hellinger

  • +1.212.508.7935

Ken Bond

  • +1.650.506.4073

Oracle Marketing Cloud Empowers Customers to Manage Identity Gap

Wed, 2016-10-26 17:43
Press Release
Oracle Marketing Cloud Empowers Customers to Manage Identity Gap Enhancements to Oracle Data Management Platform Enable Marketers to Seamlessly Define, Select, Count and Deliver Audience IDs Based on User Environment

Redwood Shores, Calif.—Oct 26, 2016

Oracle today introduced a series of new data management platform innovations within the Oracle Marketing Cloud that enable customers to seamlessly define, select, count, and deliver audience IDs based on the users’ environment. This allows customers to create audience segments tied to the customer journey across devices, channels, media environments, and ID spaces. Powered by the Oracle ID Graph, this release helps marketing and media professionals deliver on their marketing strategies by delivering relevant experiences to customers on whichever device they choose.

As consumers increasingly interact with brands across a range of different devices and environments, marketers and publishers face the challenge of unifying consumer IDs from different platforms and devices in order to gain a holistic view of individual buyers. To empower marketers and publishers to quickly and efficiently manage these multiple environments, Oracle has released major enhancements to the Audience Builder user interface within the Oracle Data Management Platform to help marketers visualize and manage ID source, with planned functionality to link these audiences via a self-service UI through the Oracle ID Graph.  The new user interface released today makes it easier for customers to manage and select ID types in order to identify, build, plan and analyze audiences based on the device or platform within which the ID was originally created. This lays the foundation for the next iteration of the platform, which will further enable cross-device marketing by bridging IDs and scoring linkages between those IDs. This set of enhancements accelerates the convergence of adtech and martech within and outside of the Oracle technology stack.

“The explosive growth in connected devices has created immense opportunities for marketers to engage with consumers at the moments that truly matter,” said Steve Krause, group vice president, product management, Oracle Marketing Cloud. “To capitalize on this opportunity, marketers need to be able to manage audiences based on the engaged environment. This is critical to intelligent linking for use cases like cross-device targeting and that is why we have revamped the Audience Builder user interface within the Oracle Data Management Platform to help address device agnostic identity management.”

Audience Builder enables marketers to plan audiences for their campaigns using a combination of their own data and third-party data sources. Through the new Audience Builder users are able to:

  • Enhance Audience Segmentation and Engagement: Understand audience composition by device and environment to increase the effectiveness of engagements.
  • Optimize Media Buys: By identifying the devices driving conversions, marketers can modify campaign strategies to focus the conversion points and eliminate wasted impressions.
  • Increase Campaign Effectiveness: By managing advertising dollars based on targeting environment, customers can personalize campaigns against the source ID for relevant retargeting and prospecting.
  • Improve Mobile App Targeting at Scale: Enables marketers to activate 1st and 3rd-party audiences on channels against their mobile ad IDs based on behaviors like mobile app installs.

The new Audience Builder user interface is the latest in a series of innovative enhancements to the Oracle Data Management Platform. In the last year, Oracle has:

  • Integrated Native Tools for Data Ingest and Custom Audience Creation: Self-serve tools available in the platform for custom audience creation powered by Oracle Data Cloud’s Audience Discovery Platform, as well as embedded offline onboarding functionality via Oracle OnRamp, are now native functionalities of the platform.
  • Enhanced Personalization: Maxymiser integration enables marketers to tap into 1st, 2nd and 3rd party data for testing and optimization initiatives. This makes it easier for marketers to deliver experiences that are relevant to customers even before the first page view.
  • Enhanced Partner Integration: Enables partners to self-integrate into the Oracle Data Management Platform by setting up their endpoint for turnkey data campaign delivery. Since the new self-service portal was launched in November 2015, more than 20 new partners have been added.

The Oracle Marketing Cloud is part of the Oracle Customer Experience (CX) Cloud, one of the industry’s most complete CX solutions. Oracle CX Cloud empowers organizations to improve experiences, enhance loyalty, differentiate their brands, and drive measurable results by creating consistent, connected, and personalized brand experiences across all channels and devices.

Contact Info
Simon Jones
PR for Oracle
+1.415.856.5155
sjones@blancandotus.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Simon Jones

  • +1.415.856.5155

Court Orders Rimini Street to Stop Unlawful Conduct and Awards Oracle $27.7 Million in Prejudgment Interest

Wed, 2016-10-12 14:00
Press Release
Court Orders Rimini Street to Stop Unlawful Conduct and Awards Oracle $27.7 Million in Prejudgment Interest

Redwood Shores, Calif.—Oct 12, 2016

Yesterday, the United States District Court for the District of Nevada issued two significant rulings in Oracle’s litigation against Rimini Street and its CEO Seth Ravin.

The first ruling is a permanent injunction barring Rimini Street from continuing to infringe Oracle’s copyrights and other unlawful acts. The Court previously determined that a permanent injunction was warranted, noting Rimini Street’s “callous disregard for Oracle’s copyrights and computer systems when it engaged in the infringing conduct” and that “Rimini’s business model was built entirely on its infringement of Oracle’s copyrighted software and its improper access and downloading of data from Oracle’s website and computer systems.”

The Court’s four-page permanent injunction prohibits certain copying, distribution, and use of Oracle’s copyrighted software and documentation by Rimini Street and also imposes limitations on Rimini Street’s access to Oracle’s websites. The order states, for example, that Rimini Street may not use a customer’s software environment “to develop or test software updates or modifications for the benefit of any other licensee.” The order also prohibits Rimini Street’s preparation of certain derivative works from Oracle’s copyrighted software. The order applies not only to Rimini Street, but also “its subsidiaries, affiliates, employees, directors, officers, principals, and agents.”

“This permanent injunction imposes important restrictions on Rimini Street,” said Oracle’s General Counsel Dorian Daley, “and Oracle is grateful that the Court has taken steps to prevent continuing unlawful acts by Rimini Street and its executives.”

Although Rimini Street has stated that there was “no expected impact” from any injunction, Rimini Street also told the Court that it “could suffer significant harm to its current business practices if the proposed injunction were entered,” which it now has been. These contradictory positions raise the issue of whether Rimini is misleading the Court or making misrepresentations to customers.

In its second ruling, the Court awarded Oracle approximately $27.7 million in prejudgment interest, with an additional amount of prejudgment interest to be awarded based on the date of the final judgment. This is in addition to the $50 million jury verdict and the $46.2 million in attorneys’ fees and costs awarded to Oracle last month.

Contact Info
Deborah Hellinger
Oracle
+1.212.508.7935
deborah.hellinger@oracle.com
About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

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